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Volatility Stop Indicator

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  • Volatility Stop Indicator

    I'm trying to find an EFS that looks/behaves similar to the indicator on these charts (examples):

    http://www.elitetrader.com/vb/attach...postid=1312924

    http://www.elitetrader.com/vb/attach...postid=1318268

    Can anybody help? Thanks in advance!

  • #2
    Hi DerferMark,

    Those are constant range bars in your examples, which are unavailable in eSig, so regardless of the indicator, eSig charts won't look like that. And I believe those particular volatility stops are computed using a moving average of the of the bars (times a optimizing factor and then +/- a local high/low) so since in your examples thoses bars are all equal range, the indicator has a lazy stairstep look that it wouldn't have with other bars.

    Sorry I'm no coder so I don't have an EFS to post. You might try playing with the Parabolic SAR in eSig and see if that serves you.

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    • #3
      Thanks checkraise. I am aware that those are constant range bars. I've been after eSignal to get those on their charts ASAP. Many charting packages have this option. We'll see if/when they get on board.

      But even with regular price bars, a volatility stop line would be most beneficial to me. Hopefully someone else can help me out. Thanks! The Parabolic SAR just doesn't do the same job...

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      • #4
        Volatility Stop

        Hello;
        Here is a link that may help you.
        http://forum.esignalcentral.com/show...stop#post60578
        GL....Greg

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